From mboxrd@z Thu Jan 1 00:00:00 1970 Return-Path: Received: from smtp1.linuxfoundation.org (smtp1.linux-foundation.org [172.17.192.35]) by mail.linuxfoundation.org (Postfix) with ESMTPS id 9C23B41C for ; Tue, 28 Jul 2015 16:45:04 +0000 (UTC) X-Greylist: whitelisted by SQLgrey-1.7.6 Received: from mail-pd0-f181.google.com (mail-pd0-f181.google.com [209.85.192.181]) by smtp1.linuxfoundation.org (Postfix) with ESMTPS id 3CA13F4 for ; Tue, 28 Jul 2015 16:45:04 +0000 (UTC) Received: by pdbbh15 with SMTP id bh15so73516838pdb.1 for ; Tue, 28 Jul 2015 09:45:03 -0700 (PDT) X-Google-DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=1e100.net; s=20130820; h=x-gm-message-state:subject:to:references:cc:from:message-id:date :user-agent:mime-version:in-reply-to:content-type :content-transfer-encoding; bh=ru01s0ROPKwmwNkQ1jmQBqyoXcBOhdCUc7YHDjh24ZE=; b=ZMQfQm2Pu8P1k6lqcRLICZssS2TVO+D1tJWjOKP231w0mq4n7fk6qII98cS4CVSPom nlf4zUcIWYqOUhKBoB/24SXEDEzWz4CT+5EjaqSmAXc3qw5XBctUFWCALhEFrKa3bW/d CHoOeyFy5VHNdwE83bG/Z6/XBQdH4MErMgAzOhbsYxJGWPTnuKBnnpXpITIzOCKByuQF DiRQX9Z302FUYGiXgrjuXbr7OxKyDl98yCJHepGVFWJLwE+DZAhPDA2vzih3fPzqhRKR 02HU/BJGwmnko610xMtnxl1+tp6CZNAD5DXJ+/VJg65KnZ3PKPGg4jVN+jbPrzR+GINd yGxw== X-Gm-Message-State: ALoCoQmL3CyekXfV0ZGoi+zEIxSSqEV0lrG+E3PzdY8FUnhqtzT0XY3gJSoCWj19qKaEGiMj2tUl X-Received: by 10.70.34.171 with SMTP id a11mr82019453pdj.18.1438101903780; Tue, 28 Jul 2015 09:45:03 -0700 (PDT) Received: from [10.100.1.239] ([204.58.254.99]) by smtp.googlemail.com with ESMTPSA id r9sm31820996pdp.5.2015.07.28.09.45.01 (version=TLSv1.2 cipher=ECDHE-RSA-AES128-GCM-SHA256 bits=128/128); Tue, 28 Jul 2015 09:45:02 -0700 (PDT) To: =?UTF-8?Q?Jorge_Tim=c3=b3n?= References: <55B113AF.40500@thinlink.com> <55B1DB84.6070001@thinlink.com> <55B2C13C.9040708@thinlink.com> From: Tom Harding Message-ID: <55B7B17A.6030701@thinlink.com> Date: Tue, 28 Jul 2015 09:44:42 -0700 User-Agent: Mozilla/5.0 (Windows NT 6.1; WOW64; rv:38.0) Gecko/20100101 Thunderbird/38.1.0 MIME-Version: 1.0 In-Reply-To: Content-Type: text/plain; charset=utf-8; format=flowed Content-Transfer-Encoding: 7bit X-Spam-Status: No, score=-1.8 required=5.0 tests=BAYES_00,RCVD_IN_DNSWL_LOW, RCVD_IN_SORBS_WEB autolearn=ham version=3.3.1 X-Spam-Checker-Version: SpamAssassin 3.3.1 (2010-03-16) on smtp1.linux-foundation.org Cc: bitcoin-dev@lists.linuxfoundation.org Subject: Re: [bitcoin-dev] Bitcoin Core and hard forks X-BeenThere: bitcoin-dev@lists.linuxfoundation.org X-Mailman-Version: 2.1.12 Precedence: list List-Id: Bitcoin Development Discussion List-Unsubscribe: , List-Archive: List-Post: List-Help: List-Subscribe: , X-List-Received-Date: Tue, 28 Jul 2015 16:45:04 -0000 Jorge, We obviously disagree fundamentally on the role of societal adoption, in the system that Satoshi designed. Adoption is well ahead of Satoshi's schedule, and the measure of this is the exchange rate. It is at once an imperfect measure, and one of the most perfect markets that has ever existed. As long as hardware, electric power, and bandwidth are priced in fiat currency, the exchange rate is a critical variable to security, capacity, and other metrics of network health. It's not inconsistent that you consider the exchange rate irrelevant. In fact it explains why you believe that Satoshi's timetable for transitioning to fee incentives can be summarily tossed aside and replaced with something you think is better. Here's an English saying I just invented. A bunch of geniuses can do a lot more damage than one fool.